Trusted Insighthttp://thetrustedinsight.com/2018-02-18T17:01:05-05:00Trusted Insight, the world's largest platform for institutional investors with 40,000 LP investor professionals in 98 countries and territories around the globe. 30,000 institutional investors engage with Trusted Insight each week. They are actively investing in alternative assets, primarily private equity, hedge funds, real estate and private companies. Our users consist of pension funds, endowments, foundations, sovereign wealth funds, family offices, banks and insurance companies. 83% of Trusted Insight users continue to use the platform 6 months after initially signing up. Investors on the platform, on average manage in excess of $5 billion. We are a platform for qualified purchasers, not high net worth investors.
Phoenix Realty Group | Tuscany Villas Apartments | Brandon
2018-02-18T17:01:05-05:00https://www.thetrustedinsight.com/investment-news/phoenix-realty-group-tuscany-villas-apartments-brandon-20180218786/
The buyer of a Class B apartment complex in the Tampa area covered most of the $28.3 million price by assuming a Fannie Mae loan from the seller. Phoenix Realty Group paid $114,112 per apartment for the 248-unit complex in Brandon, an eastern suburb of Tampa. According to commercial real estate services provider Yardi Systems Inc., Phoenix Realty assumed a Fannie Mae loan with an $18 million balance in connection with its acquisition of the ... [more]
Brandon | Apartments | Berkadia |robbins Property Associates
2018-02-11T18:31:04-05:00https://www.thetrustedinsight.com/investment-news/brandon-apartments-berkadia-robbins-property-associates-20180211196/
A buyer used a Freddie Mac loan to pay $30 million, or about $131,000 per unit, for an apartment complex in Brandon, an unincorporated suburb just east of Tampa. Robbins Property Associates financed the acquisition of the 228-unit property with a $24 million Freddie Mac loan, according to Berkadia, a real estate finance firm that arranged the loan, which was structured with a lofty loan-to-value ratio of 80 percent. Robbins Property, which has offices in ... [more]
Cardone Capital Acquires Houston Apartment Complex
2018-02-07T14:31:06-05:00https://www.thetrustedinsight.com/investment-news/cardone-capital-acquires-houston-apartment-complex-20180207887/
Cardone Capital, a private equity real estate firm focused on the multifamily housing sector, has acquired Houston, Texas-based Woodway Square, a 507-unit apartment complex. No financial terms were disclosed. […]
La Buyer Snaps Up 2 Apartments In Glendale
2018-02-02T10:01:05-05:00https://www.thetrustedinsight.com/investment-news/la-buyer-snaps-up-2-apartments-in-glendale-20180202514/
Champion Real Estate Co. acquired the 42-unit Princess Louise and 62-unit Windsor Real. The company has plans for various upgrades to each of the properties.
Nystrs Adds Capital To Debt And Apartment Separate Accounts | News | Ipe Ra
2018-01-30T13:31:06-05:00https://www.thetrustedinsight.com/investment-news/nystrs-adds-capital-to-debt-and-apartment-separate-accounts-news-ipe-ra-20180130161/
The new apartment separate account is with Federal Capital Partners. :
New York State Teachers Retirement System (NYSTRS) has set up a new apartment investment separate account and will also invest an additional $200m (€161m) with Prima Capital Advisors. The pension fund said the new apartment separate account is managed by Federal Capital Partners. The real estate manager declined to comment. NYSTRS told IPE real assets that “there is no pre-determined capital commitment for the account” and that investments will be considered on a case-by-case basis.
Apartment Renters Continue To Dominate Many Of The Nation’s Cities | National Real Estate Investor
2018-01-30T06:16:05-05:00https://www.thetrustedinsight.com/investment-news/apartment-renters-continue-to-dominate-many-of-the-nations-cities-national-real-estate-investor-20180130094/
Renter households now make up the majority in 42 of the 100 largest cities in the U.S., according to RENTCafé.
Brt Apartments |the Fountains Apartments |palm Beach Gardens
2018-01-28T13:01:04-05:00https://www.thetrustedinsight.com/investment-news/brt-apartments-the-fountains-apartments-palm-beach-gardens-20180128934/
The owner of a 542-unit apartment complex in Palm Beach Gardens is under contract to sell the property for $97.3 million. BRT Apartments Corp. expects to close the sale of The Fountains Apartments in the April-June period. The contractual price equals $179,520 per unit. Great Neck, New York-based BRT is a publicly held real estate investment trust listed on the New York Stock Exchange under ticker symbol BRT. BRT expects to record a $20.5 million ... [more]
Delshah Capital Buys Manhattan Apartments, Plans Renovations
2018-01-23T13:01:06-05:00https://www.thetrustedinsight.com/investment-news/delshah-capital-buys-manhattan-apartments-plans-renovations-20180123509/
The company acquired 138 Ludlow St., a 1920-vintage, six-story walk-up in the Lower East Side, for $18.9 million. :
Delshah Capital has purchased 138 Ludlow St., a 1920-vintage, six-story walk-up apartment building in the Lower East Side of Manhattan. The investor paid $18.9 million for the property, which includes 27 rental apartments as well as street-level retail space with about 45 feet of frontage on Ludlow Street. The seller was Trikupa Realty, a Florida-based investment group. Michael DeCheser, senior managing director, Cushman & Wakefield, represented both parties in the transaction.
​greystar Buys Zig Apartments In Seattle For Core Fund | News | Ipe Ra
2018-01-23T06:31:05-05:00https://www.thetrustedinsight.com/investment-news/greystar-buys-zig-apartments-in-seattle-for-core-fund-news-ipe-ra-20180123446/
The 170-unit property also includes 5,018sqft of retail space. :
Greystar said the 170-unit property, which was completed in 2017, also includes 5,018sqft of retail space. Kevin Kaberna, the executive director and leader of Greystar’s US investment platform, said: “Zig Apartments offers Greystar a rare opportunity to acquire a best-in-class multifamily asset in the strategic gateway market of Seattle.” The property will greatly benefit from the city’s robust employment growth and resulting positive rental trends, he said.
Spain's First Bitcoin-only Apartment Sale Goes On Real Estate Market
| Business Standard News
2018-01-10T17:31:05-05:00https://www.thetrustedinsight.com/investment-news/spains-first-bitcoin-only-apartment-sale-goes-on-real-estate-market-business-standard-news-20180110451/
A residential attic in the center of the Catalonian city in Spain became the first Spanish real estate property that has been put on the market only for Bitcoins.
Bouwinvest Fund Buys Further 449 Apartments From Cod | News | Ipe Ra
2018-01-10T12:36:10-05:00https://www.thetrustedinsight.com/investment-news/bouwinvest-fund-buys-further-449-apartments-from-cod-news-ipe-ra-20180110410/
Deal takes total investment in NDSM former shipyard area to €240m. :
Bouwinvest Real Estate Investment Management’s residential fund has acquired an additional 449 apartments from developer COD. The Dutch institutional investment manager said its total investment in the NDSM Wharf former shipyard on the IJ River waterfront in Amsterdam North is now €240m. Bouwinvest’s holdings in the NDSM neighbourhood is now around 1,400 homes, following pervious partnerships with COD to invest in and develop 543 mid-sector rental and 403 student apartments.
Equus Capital Snaps Up $46m Fl Apartments
2018-01-05T13:01:04-05:00https://www.thetrustedinsight.com/investment-news/equus-capital-snaps-up-46m-fl-apartments-20180105022/
The Reserve at Gateway, a 314-unit garden-style community in St. Petersburg, is 93 percent occupied. :
Equus Capital Partners Ltd., a private equity real estate fund manager, has acquired (though an affiliate) The Reserve at Gateway, a 314-unit garden-style multifamily community in St. Petersburg, Fla., for $64.1 million. The property, in the Gateway submarket of the Gulf Coast city, is 93 percent occupied. The acquisition was made on behalf of Equus Investment Partnership X LP (Fund X), a $361 million discretionary equity fund managed by Equus. Madison Apartment Group LP, the multifamily operating arm of Equus, will manage the community.
Apartment Investor Outlook: Redefining Opportunity In A Maturing Cycle | National Real Estate Investor
2017-12-22T15:31:07-05:00https://www.thetrustedinsight.com/investment-news/apartment-investor-outlook-redefining-opportunity-in-a-maturing-cycle-national-real-estate-investor-20171222343/
Investors are recalibrating strategies, broadening their search and sharpening their efforts to find investment options. :
The apartment investment climate has begun a significant transition, moving from an aggressive growth pace to a more stable but still positive outlook. Multifamily investors have reaped strong returns in the post-recession era as a combination of factors reinforced significant gains in fundamentals and pricing. The lengthy and durable economic growth cycle, the alignment of positive demographic trends and a post-housing-bubble psyche that favors a rental lifestyle all contributed to apartment housing demand.
Soaring Pine Capital Secures Payoff On Loan For Detroit Apartment Complex
2017-12-22T11:31:05-05:00https://www.thetrustedinsight.com/investment-news/soaring-pine-capital-secures-payoff-on-loan-for-detroit-apartment-complex-20171222323/
BIRMINGHAM, Mich., Dec. 22, 2017 /PRNewswire/ -- Soaring Pine Capital (SPC), the real estate vertical of Simon Group Holdings (SGH), has secured a payoff on a loan from its Real Estate and Debt Fund II, LLC, to Ace Investment Group, LLC for the purchase of an apartment complex consisting...
Airbnb, Niido Land $200m Investment For Branded Apartments
2017-12-19T06:26:04-05:00https://www.thetrustedinsight.com/investment-news/airbnb-niido-land-200m-investment-for-branded-apartments-20171219966/
Airbnb (airbnb) has announced a $200 million investment that it says will help bring the home-sharing company’s branded apartment project to cities across the U.S. Airbnb recently teamed up with Miami-based developer Newgard Development Group to launch a brand of residential complexes called ‘Niido Powered by Airbnb’ that are specifically designed for home sharing, Mercury News reports. Niido received the cash injection from real estate investor Brookfield Property Partners and the first $20 million is committed toward a 423-unit building in Kissimmee, Florida, which is already under construction.
Sustainability Bears Fruit For Owners And Renters In Small Apartment | National Real Estate Investor
2017-12-18T17:06:07-05:00https://www.thetrustedinsight.com/investment-news/sustainability-bears-fruit-for-owners-and-renters-in-small-apartment-national-real-estate-investor-20171218918/
For two investors, an innovative value-add strategy proves fruitful in small multifamily communities. :
Dave Codrea and Josh Friedensohn, founders of Greenleaf Capital and owners of several small multifamily properties, are hoping to cultivate value for their renters and—in turn—their portfolio through a unique strategy. The duo purchases Class C apartment buildings and add features such as picnic tables, outdoor playgrounds and raised garden beds – things that create a sense of community, promote sustainability and challenge the notion that apartment living is merely transitional.
Airbnb's New Apartment Brand Lands $200m Investment
2017-12-18T15:01:04-05:00https://www.thetrustedinsight.com/investment-news/airbnbs-new-apartment-brand-lands-200m-investment-20171218890/
Investors are betting big on Airbnb-approved apartments in the future. :
Brian Chesky, chief executive officer and co-founder of Airbnb Inc., speaks during an Economic Club of New York luncheon at the New York Stock Exchange. (Credit: Michael Nagle/Bloomberg) On Monday, the company announced that Niido, its co-branded apartment project, landed an investment of up to $200 million from Brookfield Property Partners. The first $20 million is committed to Niido's first project in Florida, but the rest of the money will go towards developing other locations in the next year.
Socal Investor Snaps Up Value-add Phoenix Apartments
2017-12-14T13:31:05-05:00https://www.thetrustedinsight.com/investment-news/socal-investor-snaps-up-value-add-phoenix-apartments-20171214603/
MIG Real Estate has acquired the 1999-built Bayside Apartments, a 176-unit community that includes 22 two-story buildings. :
MIG Real Estate has acquired Bayside Apartments, a 176-unit property in Phoenix. The community is at 20245 N. 32nd Dr. in the Deer Valley submarket of North Phoenix, just north of the Loop 101 and west of I-17. Originally developed in 1999, Bayside Apartments is on a 7.8-acre suburban site. The property is a garden-style gated community comprised of 22 two-story buildings, offering 64 one-bedroom and 112 two-bedroom units.
Three Ways An Owner Benefits From Selling Their Apartment Off-market
2017-12-06T13:01:04-05:00https://www.thetrustedinsight.com/investment-news/three-ways-an-owner-benefits-from-selling-their-apartment-off-market-20171206848/
It can be a win-win for buyers and sellers. Here's what you need to know. :
Controls $191M in real estate assets and host of the world's longest running daily real estate podcast: Invest With Joe. The most common type of real estate transaction is an on-market sale. An apartment owner who is interested in selling their property lists it with a broker, the broker markets the deal to the public, in today’s competitive market a bidding war ensues and the contract is generally awarded to the highest bidder.
Northview Apartment Reit Announces $197m Strategic Acquisition Of 1,250 Units In Key Growth Markets
2017-11-15T18:31:05-05:00https://www.thetrustedinsight.com/investment-news/northview-apartment-reit-announces-197m-strategic-acquisition-of-1250-units-in-key-growth-markets-20171115264/
CALGARY, ALBERTA--(Marketwired - Nov. 15, 2017) - Northview Apartment Real Estate Investment Trust ("Northview") (TSX:NVU.UN) today announced it has agreed to acquire a 1,250 unit portfolio from independent third-party vendors and affiliates of Starlight Group Property Holdings Inc. ("Starlight"), for an aggregate purchase price of $196.8 million, with a weighted average capitalization rate of 4.4%. In addition, Northview has agreed to a sale, to an independent third-party vendor, of a 216 unit non-core asset located in Kitchener, ON, for $37.7 million.
City Club Apartments Sells Properties In Ann Arbor, Illinois For $125m | Crain's Detroit Business
2017-11-02T19:31:05-04:00https://www.thetrustedinsight.com/investment-news/city-club-apartments-sells-properties-in-ann-arbor-illinois-for-125m-crains-detroit-business-20171102046/
Kurt Nagl - Jonathan Holtzman's Farmington Hills-based real estate company is moving to build a portfolio exclusively of high-end urban properties.
San Fernando Valley Apartments Sell For $42m
2017-10-26T12:01:05-04:00https://www.thetrustedinsight.com/investment-news/san-fernando-valley-apartments-sell-for-42m-20171026467/
Ambrus Co. sold a 207-unit, three-property apartment portfolio to Lion Real Estate Group. The acquisition was sourced off-market from a Los-Angeles based private investor who developed the asset 40 years ago.
Truamerica | Orlando | Canterbury Cove | Apartments
2017-10-22T19:01:04-04:00https://www.thetrustedinsight.com/investment-news/truamerica-orlando-canterbury-cove-apartments-20171022064/
Los Angeles-based investment firm TruAmerica Multifamily paid $47.7 million for an apartment complex in Orlando, the firm’s fifth Florida property acquisition this year. “Orlando exhibits strong multifamily fundamentals and we see this positive momentum continuing over the foreseeable future,” Matt Ferrari, TruAmerica’s head of East Coast acquisitions, said in a prepared statement. TruAmerica bought a 300-unit apartment complex called Arium Falcon Pines in east Orlando in a joint venture with an unidentified institutional partner. The ... [more]
George Befeler |gainesville |apartments |db Capital Partners
2017-10-15T19:01:04-04:00https://www.thetrustedinsight.com/investment-news/george-befeler-gainesville-apartments-db-capital-partners-20171015382/
A Miami-based firm bought a 152-unit apartment building in Gainesville for $9.5 million or $62,500 per unit. DB Capital Partners LLC bought Fox Hollow Apartments with $7.68 million of acquisition financing from Walker & Dunlop LLC. DB appointed Jacksonville-based Michaelson Group as the manager of the apartment property. The new owner plans to upgrade the interiors of the one- and two-bedroom apartments at Fox Hollow by installing granite counter tops and stainless steel appliances. DB ... [more]
The Commons Apartments | Tampa | Federal Capital Partners
2017-10-14T17:31:03-04:00https://www.thetrustedinsight.com/investment-news/the-commons-apartments-tampa-federal-capital-partners-20171014367/
Maryland-based Federal Capital Partners (FCP) acquired a 200-unit apartment property in Tampa for $24.05 million, the company’s sixth Tampa property investment in the last 18 months. FCP paid $120,250 per unit to acquire The Commons Apartments, a garden-style apartment property on Dale Mabry Highway in north Tampa. Units at The Commons include two-, three- and four-bedroom apartments with kitchen pantries and oversized closets. The property’s amenities include a dog park, playground, barbeque and picnic ... [more]
Fcp Buys Florida Apartment Community For $24.05m
2017-10-12T13:31:09-04:00https://www.thetrustedinsight.com/investment-news/fcp-buys-florida-apartment-community-for-2405m-20171012197/
Federal Capital Partners, a real estate investment company, has acquired Tampa, Florida-based The Commons Apartments, a 200-unit apartment community. The price of the acquisition was $24.05 million. PRESS […]
Bell Partners, Hansainvest Acquire $63m Denver Apartments
2017-10-06T18:41:04-04:00https://www.thetrustedinsight.com/investment-news/bell-partners-hansainvest-acquire-63m-denver-apartments-20171006691/
Escape at Ken-Caryl is 250-unit community in the Denver submarket of Littleton, Colo., which will be renamed Bell Ken-Caryl. :
Bell Partners Inc. and Hansainvest, a German investment management company, have acquired Escape at Ken-Caryl for $63.4 million through a joint real estate partnership. The property is a 250-unit community in the Denver submarket of Littleton, Colo. Escape at Ken-Caryl, completed in 2015, has been renamed Bell Ken-Caryl and will be managed by Bell Partners. The 15-building community offers one-, two- and three-bedroom floor units that average 970 square feet.
India: Bitcoin Is Used To Purchase Real Estate
2017-09-25T20:11:04-04:00https://www.thetrustedinsight.com/investment-news/bitcoin-being-used-to-purchase-luxury-apartments-other-real-estate-20170925760/
All the hype about bitcoin prices and rising alternative coins is fine and dandy. However, cryptocurrency also has many successful use cases beyond trading and storing for long-term investments, a strategy the blockchain community calls “hodling.”
Vanbarton Group Buys Sixth Ave. Apartment Building Known As The Vogue For $320m | Crain's New York Business
2017-09-19T16:11:05-04:00https://www.thetrustedinsight.com/investment-news/vanbarton-group-buys-sixth-ave-apartment-building-known-as-the-vogue-for-320m-crains-new-york-business-20170919268/
The Vanbarton Group is buying a large mixed-use rental-apartment building on Sixth Avenue for nearly $320 million, several sources confirmed. The real estate investment company will have the option...
To view the full story, click the title link.
Kushner Cos. Acquires N.j. Apartment Complex For $190m | National Real Estate Investor
2017-09-18T12:12:07-04:00https://www.thetrustedinsight.com/investment-news/kushner-cos-acquires-nj-apartment-complex-for-190m-national-real-estate-investor-20170918113/
(Bloomberg)—Kushner Cos., the real estate firm owned by Jared Kushner’s family, repurchased an apartment complex in Central New Jersey that it sold 11 years ago. The 1,032-unit Quail Ridge Apartments was sold by Angelo Gordon & Co. for $190 million, Kushner Cos. said Monday in a statement. The 52-acre Plainsboro property, near Princeton, was among buildings it sold in 2007 to help finance a $1.8 billion purchase of a Manhattan office tower. The deal was completed Sept. 14.
The Roxborough Group Acquires 168-unit Apartment Complex In Phoenix, Ariz.
2017-09-13T15:11:09-04:00https://www.thetrustedinsight.com/investment-news/the-roxborough-group-acquires-168-unit-apartment-complex-in-phoenix-ariz-20170913747/
Privately Held Real Estate Investment Firm Purchases Park Ridge Apartment Complex Adjacent to 2.8 Million Square Feet of Retail and Restaurants.
Lexerd Acquires Apartments Near Tampa
2017-08-31T16:11:04-04:00https://www.thetrustedinsight.com/investment-news/lexerd-acquires-apartments-near-tampa-20170831798/
Springs at Braden River is a 270-unit garden-style community in Bradenton, Fla. The company acquired it for $38.7 million. :
One of the funds of Lexerd Capital Management, a New Jersey-based sponsor of private equity funds, has acquired Springs at Braden River from Wisconsin-based Continental Properties for $38.7 million. The property is a 270-unit garden-style multifamily community in Bradenton, Fla., which Lexerd has renamed The Lory of Braden River. The property consists of 15 residential buildings and one leasing office/amenity building on about 41 acres.
Elevation Sells Serenity Apartments For Over $7m
2017-08-29T17:16:05-04:00https://www.thetrustedinsight.com/investment-news/elevation-sells-serenity-apartments-for-over-7m-20170829618/
Real estate private equity firm Elevation Financial Group has sold Serenity Apartments, a 152-unit multifamily community in Spartanburg, South Carolina. The purchase price was $7.05 million. The buyer was not […]
Massachusetts Firm Pays $56M For Jupiter Apartment Complexes
2017-08-17T17:36:08-04:00https://www.thetrustedinsight.com/investment-news/massachusetts-firm-pays-56m-for-jupiter-apartment-complexes-20170817703/
Big ticket multifamily complexes keep trading in South Florida. Newton, Massachusetts-based Northland Investment Corp. just bought two sister rental communities in Jupiter for $56 million, property records show. The real estate investment firm financed the deal with a $46.4 million mortgage from CBRE Capital Markets. Records show the mortgage is a Freddie Mac loan. The communities are called Mallards Cove and Shell Trace Apartments. The properties, located at 6705 Mallards Cove Road, stretch nearly 31 ... [more]
Redfin Goes Public, VCs Wait Anxiously
2017-07-31T10:17:08-04:00https://www.thetrustedinsight.com/investment-news/redfin-goes-public-vcs-wait-anxiously-20170731242/
Redfin, an Internet-enabled residential real estate brokerage, has raised $138 million in its IPO. The Seattle-based company priced 9.23 million shares at $15 per share (above $12-$14 range), for a fully-diluted market value of around $1.56 billion. The venture capital industry is desperate for a big aftermarket win, following the lead balloon performance of Snap, Blue Apron and Tintri.&nbsp;
KKR Exec Claims London Real Estate Prices Could Fall 10%, Sees Opportunities In NYC
2017-07-20T15:14:01-04:00https://www.thetrustedinsight.com/investment-news/kkr-exec-claims-london-real-estate-prices-could-fall-10-sees-opportunities-in-nyc-20170720109/
<p>Private equity bigwig Ralph Rosenberg thinks prices for London&rsquo;s core commercial and residential properties could fall by 5 to 10 percent following the Brexit vote.</p>
<p>The real estate head at investment firm KKR also told Bloomberg that there could be opportunities found in Manhattan&rsquo;s luxury condo and hotel markets, which he said are suffering from imbalance. The hotel market in particular has suffered from excess supply and reduced international demand because of a strong U.S. dollar.</p>
Despite Brexit, Asian RE Investment In London Reach 5-Year High
2017-07-10T14:09:52-04:00https://www.thetrustedinsight.com/investment-news/asian-firms-are-ignoring-brexit-driving-re-boom-in-london-20170710916/
Asia Pacific investment in London property is at a five-year high and accounted for almost half the deals in the first six months of 2017, according to research by real estate consultancy Cushman &amp; Wakefield. Asia Pacific firms spent more than $4.4 billion on residential and commercial property in London in the six months to July, almost half of the $8.8 billion total investment.
Warren Buffett Entering Commercial Real Estate In NY
2017-06-29T11:35:54-04:00https://www.thetrustedinsight.com/investment-news/warren-buffett-entering-commercial-real-estate-in-ny-20170629710/
The single biggest name in residential real estate is entering the arena of commercial real estate in the Big Apple. Here's what he has planned.
Canadian and Australia Real Estate Market Bubbles
2017-06-27T17:16:33-04:00https://www.thetrustedinsight.com/investment-news/httpsdentresearchs3amazonawscomeconomyandmarkets062717_enm_chart1png-20170627652/
A great article by Harry Dent that we would like to share with everyone......<br />
<br />
https://economyandmarkets.com/markets/housing-market-markets/harry-dent-canadians-lost-their-minds/<br />
<br />
cheers, Mark<br />
<br />
www.blackswandexteritas.com<br />
<br />
&nbsp;
Anuj Puri’s ANAROCK May Buy JLL India’s Private Equity Funds
2017-06-26T11:01:38-04:00https://www.thetrustedinsight.com/investment-news/anuj-puris-anarock-may-buy-jll-indias-private-equity-funds-20170626596/
<p xmlns:fn="http://www.w3.org/2005/xpath-functions">Real estate veteran Anuj Puri, who quit as the head of property consultant JLL India earlier this year, is close to buying two private equity funds worth Rs460 crore from his former employer, two people aware of the development said. &nbsp;</p>
<p>The two funds are the Rs160 crore Residential Opportunities Fund-I (ROF-I) and the Rs300 crore Residential Opportunities Fund-2 (ROF-II), the people said on the condition of anonymity. Puri, they said, is also planning to raise $300 million from offshore investors to invest in property.</p>
Germany's Largest Pension Targets Japanese Housing And Brisbane Office Tower
2017-06-22T10:57:00-04:00https://www.thetrustedinsight.com/investment-news/germanys-largest-pension-targets-japanese-housing-and-brisbane-office-tower-20170622529/
<p>Germany&rsquo;s largest pension fund, Bayerische Versorgungskammer (BVK), has bought residential assets in Japan and is close to acquiring an office tower in Australia.</p>
SEC Probes Rental Home Values In Private-Equity Bond Deals
2017-06-08T14:45:36-04:00https://www.thetrustedinsight.com/investment-news/sec-probes-rental-home-values-in-private-equity-bond-deals-20170608195/
U.S. securities regulators are investigating whether bonds backed by single-family rental homes and sold by Wall Street&rsquo;s biggest residential landlords used overvalued property assessments. Radian Group Inc.&rsquo;s Green River Capital unit is one of the market participants that received a request for information from the Securities and Exchange Commission in March about broker price opinions, or BPOs, the company said in a regulatory filing late Friday.&nbsp;
Indian Infrastructure Market To Overtake Japan By 2023
2017-06-07T15:56:09-04:00https://www.thetrustedinsight.com/investment-news/indian-infra-mkt-to-overtake-japan-by-2023-bmi-research-20170607178/
With large residential and non- residential projects in the pipeline, the Indian infrastructure market is forecast to overtake Japan&#39;s in next five years, says a report. &quot;India&#39;s infrastructure market is the third-largest in Asia, and is forecast to overtake Japan&#39;s in nominal value terms by 2023,&quot; according to BMI Research.&nbsp;
Toro Finserve to launch $500 mn fund to invest in healthcare real estate - The Smart Investor
2017-05-30T12:55:43-04:00https://www.thetrustedinsight.com/investment-news/toro-finserve-to-launch-500-mn-fund-to-invest-in-healthcare-real-estate-the-smart-investor-20170530950/
Private equity firm Toro Finserve is raising a $ 500 million fund to invest in real estate for healthcare enterprises. This is the first fund focused on putting money on infrastructure for hospitals ...
Billionaire Jonathan Gray: How Blackstone Invests In Real Estate | Video (57:42)
2017-05-23T16:45:38-04:00https://www.thetrustedinsight.com/investment-news/billionaire-jonathan-gray-how-blackstone-invests-in-real-estate-video-5742-20170523799/
Jonathan Gray, billionaire and head of real estate for Blackstone, discusses how he invests at Blackstone, including single family homes and where most of the profit comes from. Jonathan also talks about the economy and how he handled the financial crash in 2007.
$50M NY Residential REIT Buys First Property Investment
2017-05-23T10:23:29-04:00https://www.thetrustedinsight.com/investment-news/50m-ny-residential-reit-buys-first-property-investment-20170523791/
NY Residential REIT, LLC, a real estate investment trust created to purchase, invest in, and manage a portfolio of residential properties located in Manhattan, today announced that it has agreed to make a preferred equity investment in a luxury development project in the Chelsea neighborhood of Manhattan.
Sequoia-Backed Company Admits To Manipulating Sales Data
2017-05-22T09:39:33-04:00https://www.thetrustedinsight.com/investment-news/sequoia-backed-company-admits-to-manipulating-sales-data-20170522731/
Former managers at solar energy company Sunrun admitted to manipulating sales data, at the behest of their superiors, around the time of the company's initial public offering in 2015. The managers said they were told to hold off on reporting hundreds of canceled contracts during a five month period in the middle of 2015.
Waypoint Campus Housing Acquires $102M Portfolio
2017-05-19T16:11:03-04:00https://www.thetrustedinsight.com/investment-news/waypoint-campus-housing-acquires-102m-portfolio-20170519710/
Waypoint Residential recently launched a student housing arm with the purchase of four off-campus properties near state universities in Texas, North Carolina and Nevada.
Waypoint Residential Buys $102M Portfolio For New Student Housing Unit
2017-05-18T17:16:04-04:00https://www.thetrustedinsight.com/investment-news/waypoint-residential-buys-102m-portfolio-for-new-student-housing-unit-20170518659/
Waypoint Residential, a real estate investment manager that partners with private investors to acquire apartment properties, has established a separate affiliate to expand its student housing business after entering the sector last year. The affiliate, Waypoint Campus Housing LLC, got off to a good start, buying four properties of a five-property student housing portfolio comprising 2,638 beds from Blue Vista Capital Management for $102 million...
WATCH: Broward’s Residential Market In The “7th Inning,” Says Mike Pappas
2017-05-16T18:46:03-04:00https://www.thetrustedinsight.com/investment-news/watch-browards-residential-market-in-the-7th-inning-says-mike-pappas-20170516569/
<p>Broward County&rsquo;s residential market is in the &ldquo;seventh inning,&rdquo; according to Keyes Company CEO Mike Pappas.</p>
<p>Pappas caught up with&nbsp;<em>The Real Deal</em>&nbsp;South Florida Managing Editor Ina Cordle at&nbsp;<em>TRD</em>&lsquo;s Third Annual Broward Real Estate Showcase &amp; Forum in April.</p>
Hong Kong’s ‘Electronics King’ Koo To Spend US$1.16B On Two Duel-purpose Property Developments In Qianhai
2017-05-09T17:01:06-04:00https://www.thetrustedinsight.com/investment-news/hong-kongs-electronics-king-koo-to-spend-us116b-on-two-duel-purpose-property-developments-in-qianhai-20170509361/
Hong Kong&rsquo;s &ldquo;electronics king&rdquo; Koo Ming-kown has kicked off two projects worth HK$9 billion (US$1.16 billion) to turn a couple of former factory sites in Qianhai &mdash; the commercial area in Shenzhen also known as Qianhai New District &ndash; into duel office and residential complexes over the next four years.
Chinese Property Buyers Lead Foreign Investors In Australia
2017-05-09T16:56:04-04:00https://www.thetrustedinsight.com/investment-news/chinese-property-buyers-lead-foreign-investors-in-australia-20170509360/
May 09, 2017 4:40 PMSYDNEY (REUTERS) - Australia approved foreign investments worth almost a third more in fiscal 2016 than the previous year, as more Chinese buyers piled into the already red-hot residential property market, government data published on Tuesday showed.
Ohio Pension Fund Commits Up To $50M In Heitman’s Debut Apac Property Fund
2017-05-09T11:16:02-04:00https://www.thetrustedinsight.com/investment-news/ohio-pension-fund-commits-up-to-50m-in-heitmans-debut-apac-property-fund-20170509310/
Ohio Police &amp; Fire Fund Pension&nbsp;has made a commitment to invest $50 million in&nbsp;Heitman&nbsp;Asia-Pacific Property Investors Fund.&nbsp;<span style="text-align: justify;">Heitman&rsquo;s investment will cover various types of assets in retail, industrial and residential sectors including specialist property types such as senior homes and student housing.</span>
29th Street Capital Buys Vegas Apartments
2017-05-05T13:36:05-04:00https://www.thetrustedinsight.com/investment-news/29th-street-capital-buys-vegas-apartments-20170505220/
The company, which has purchased 15 multifamily properties over the past 12 months, also revealed plans to implement a $1.9 million capital improvement program to refurbish unit interiors, enhance the asset&acirc;s exterior and upgrade the amenity package.
Walker & Dunlop Provides $95M For North Miami Acquisition
2017-04-27T13:11:04-04:00https://www.thetrustedinsight.com/investment-news/walker-dunlop-provides-95m-for-north-miami-acquisition-20170427964/
Avesta Communities procured the 402-unit property Avesta Biscayne, which features six five-story residential buildings along with a clubhouse and leasing office.
Dutch Group Unveils Fund Of Structured Credit Funds
2017-04-25T18:26:04-04:00https://www.thetrustedinsight.com/investment-news/dutch-group-unveils-fund-of-structured-credit-funds-20170425897/
Kempen Capital Management has launched a fund of structured credit funds to allow investors cost-efficient access to the securitised debt market, the Dutch company has announced. The Diversified Structured Credit Pool will target long-only structured credit funds, primarily from specialist companies GoldenTree, LibreMax and One Williams Street. This new approach will invest in investment grade and sub-investment grade bonds, with an expected interest rate duration of&nbsp;two to three years. It is expected to have a strong tilt towards US debt. Structured credit encompasses residential mortgages, commercial mortgages, senior secured loans and consumer loans. It is a $2.8 trillion market in...
Robbins Electra Buying An Apartment Complex In The Hammocks
2017-04-21T17:21:06-04:00https://www.thetrustedinsight.com/investment-news/robbins-electra-buying-an-apartment-complex-in-the-hammocks-20170421815/
Multifamily real estate company Robbins Electra expects to spend about $1 billion this year on acquisitions of apartment properties, including one in the Hammocks community in southwest Miami-Dade County. &ldquo;We&rsquo;ll be announcing that closing in mid-May, and we will be doing a full renovation to upgrade the property,&rdquo; Joseph Lubeck, CEO and co-manager of Robbins Electra, told The Real Deal. The property, which he declined to name, is &ldquo;a very substantial asset that we&rsquo;re buying ... [more]
Tata To Invest Sh15B In Kenya And TZ Real Estate
2017-04-20T12:19:19-04:00https://www.thetrustedinsight.com/investment-news/tata-to-invest-sh15b-in-kenya-and-tz-real-estate-20170420748/
Listed Indian firm Tata Housing Development Company has announced plans to raise Sh15 billion for residential and commercial properties in major towns in Kenya, Tanzania and other countries.
Warren Buffett Hooks Up With Property Portal Juwai.com To Spur Chinese Buying Of US Properties
2017-04-17T17:46:00-04:00https://www.thetrustedinsight.com/investment-news/warren-buffett-hooks-up-with-property-portal-juwaicom-to-spur-chinese-buying-of-us-properties-20170417657/
Berkshire Hathaway HomeServices on Monday said it entered into a marketing agreement with Juwai.com, China &lsquo;s largest international property website, to attract wealthy Chinese buyers looking to purchase homes in the United States. The real estate affiliate of billionaire investor Warren Buffett&rsquo;s Berkshire Hathaway said the agreement will allow the roughly 2 million monthly users of Juwai.com and Juwai.com/luxe to browse its franchisees&rsquo; residential listings.
Leading Chinese Property Developer Poly Real Estate Group Makes Inroads In Nanjing's Luxury Housing Market
2017-04-17T17:39:51-04:00https://www.thetrustedinsight.com/investment-news/leading-chinese-property-developer-poly-real-estate-group-makes-inroads-in-nanjings-luxury-housing-market-20170417655/
China&#39;s&nbsp;top state-owned real estate developer Poly Real Estate Group Co., Ltd. recently completed the&nbsp;Grand Mansion&nbsp;luxury residence project in&nbsp;Nanjing&#39;s&nbsp;Hexi Central Business District (CBD).&nbsp;Nanjing&nbsp;is the capital of&nbsp;China&#39;s&nbsp;economically vibrant&nbsp;Jiangsu&nbsp;province. Poly&#39;s&nbsp;Grand Mansion&nbsp;series of projects had a launch event in Wall Street in 2012 and became the first mainland&nbsp;China&nbsp;luxury residential project to be rolled out on Wall Street.&nbsp; The construction of the&nbsp;Grand Mansion&nbsp;luxury residence this year has again drawn a lot of attention to the already heated real estate market in&nbsp;Nanjing&#39;s&nbsp;Hexi area.
Billionaire Jonathan Gray: Building The World's Largest Real Estate Investment Fund
2017-04-13T11:30:44-04:00https://www.thetrustedinsight.com/investment-news/billionaire-jonathan-gray-building-the-worlds-largest-real-estate-investment-fund-20170413536/
Jonathon Gray, head of Blackstone Real Estate, discusses Blackstone&rsquo;s investment philosophy in real estate sector and the firm&rsquo;s recent real estate deals and the thinking behind them.
Income-REIT New Residential Investment Looks Worth It
2017-04-13T11:11:04-04:00https://www.thetrustedinsight.com/investment-news/income-reit-new-residential-investment-looks-worth-it-20170413535/
Click to view a price quote on NLY. Click to research the Real Estate industry.
AG Real Estate Backs Amvest Core Dutch Residential Fund
2017-04-13T11:06:06-04:00https://www.thetrustedinsight.com/investment-news/ag-real-estate-backs-amvest-core-dutch-residential-fund-20170413533/
<p>AG Real Estate has become one of the first foreign investors in Amvest&rsquo;s core Dutch residential property fund.</p>
Singapore: Tuan Sing Buys Realty Assets; Roxy-Pacific Divests Sydney Property
2017-04-13T10:56:05-04:00https://www.thetrustedinsight.com/investment-news/singapore-tuan-sing-buys-realty-assets-roxy-pacific-divests-sydney-property-20170413529/
Tuan Sing Holdings is acquiring Sime Darby Centre and residential land in Hillview, while Roxy-Pacific is divesting its Sydney property. The post Singapore: Tuan Sing buys realty assets; Roxy-Pacific divests Sydney property appeared first on DealStreetAsia.
People Moves: Greystar Hires China And Australia Heads For Platform
2017-04-12T16:21:06-04:00https://www.thetrustedinsight.com/investment-news/people-moves-greystar-hires-china-and-australia-heads-for-platform-20170412505/
<p>Greystar&nbsp;&ndash; The residential specialist has hired two managing directors to lead its new Asia-Pacific platform.&nbsp;Greystar Asia-Pac,&nbsp;<a href="https://realestate.ipe.com/news/markets-and-sectors/greystar-macquarie-create-asia-pacific-residential-platform/10015737.article">launched last year</a>&nbsp;in collaboration with Macquarie Capital, has hired&nbsp;Charles Ma&nbsp;and&nbsp;Chris Key&nbsp;as managing directors of China and Australia, respectively. Ma was recruited from&nbsp;Vanke China, where he was managing director, head of strategy investments and business development. Key was previously head of corporate finance for Asia-Pacific at&nbsp;JLL.</p>
TEPCO Announces Equity Investment In Moixa Energy
2017-04-11T10:56:11-04:00https://www.thetrustedinsight.com/investment-news/tepco-announces-equity-investment-in-moixa-energy-20170411444/
TEPCO Announces Equity Investment in Moixa EnergyBusiness News AsiaTOKYO &mdash; Tokyo Electric Power Company Holdings, Inc., or TEPCO, has announced a &pound;500,000 equity investment in Moixa Energy Holdings, the UK&#39;s leading residential battery and platform for managing storage services. (CEO: Simon Daniel&nbsp;...
US Solar Soars, But Investors Still Leery
2017-04-11T10:51:05-04:00https://www.thetrustedinsight.com/investment-news/us-solar-soars-but-investors-still-leery-20170411443/
New US solar installations have nearly doubled, but slowing demand for both residential and large-scale systems, falling panel prices and concerns about looming federal tax reform are still dampening investor appetite for the sector. Solar installations soared 97 per cent to 14.8 gigawatts in 2016, according to a report released by Wood Mackenzie and the Solar Energy Industries Association. The technology is cheaper than ever, with panel prices dropping 40 per cent last year, and many utilities procuring solar on the basis of cost alone.
TriBridge Residential Lands Fourth Charlotte Property
2017-04-10T18:06:06-04:00https://www.thetrustedinsight.com/investment-news/tribridge-residential-lands-fourth-charlotte-property-20170410418/
The Atlanta-based company acquired Morehead West Apartments, a 211-unit North Carolina community, for $31 million. The property includes a 5,600-square-foot commercial space.
JV Nabs $37M East Bay Value-Add Apartments
2017-04-10T18:01:06-04:00https://www.thetrustedinsight.com/investment-news/jv-nabs-37m-east-bay-value-add-apartments-20170410417/
Trion Properties and DVO Real Estate plan to modernize the 146-unit property in San Leandro, which was built in 1967.
German Pension Fund RVK Buys Mixed-Use Asset In Berlin
2017-04-10T15:13:34-04:00https://www.thetrustedinsight.com/investment-news/german-pension-fund-rvk-buys-mixed-use-asset-in-berlin-20170410365/
<p>Warburg-HIH Invest Real Estate (Warburg-HIH Invest) has bought a central Berlin mixed-use building for&nbsp;Rheinische Versorgungskassen (RVK), a German pension fund.</p>
<p>Quartier am Ausw&auml;rtigen Amt in Berlin-Mitte, a 19,500sqm building that includes office, hotel and residential units, was built in 2008.</p>
California REIT Nabs $57M NC Community
2017-04-07T16:31:04-04:00https://www.thetrustedinsight.com/investment-news/california-reit-nabs-57m-nc-community-20170407346/
Bluerock Residential Growth REIT acquired Wesley Village, a 301-unit property in Charlotte that the company plans to upgrade. The transaction was made possible through the assumption of a $41 million Freddie Mac loan.
Berkadia Closes $35M SoCal Apartment Sale
2017-04-07T15:56:04-04:00https://www.thetrustedinsight.com/investment-news/berkadia-closes-35m-socal-apartment-sale-20170407338/
A California-based investor purchased the 128-unit community in Fullerton. The multifamily asset last traded in 2012 for a little over $20 million.
Thai Billionaire Charoen Plans $3.5 Billion Bangkok Development
2017-04-04T17:08:16-04:00https://www.thetrustedinsight.com/investment-news/thai-billionaire-charoen-plans-35-billion-bangkok-development-20170404188/
Thailand’s richest man, Charoen Sirivadhanabhakdi, is planning a $3.5 billion property development in central Bangkok that will include offices, homes and shopping malls.
Berkshire Group Acquires Chapel Hill, North Carolina Property
2017-03-30T11:11:09-04:00https://www.thetrustedinsight.com/investment-news/berkshire-group-acquires-chapel-hill-north-carolina-property-20170330014/
Berkshire Group has acquired Alexan Chapel Hill, a Chapel Hill, North Carolina-based 265-unit property, which includes 13,560 square feet of retail space. The sellers were Trammell Crow Residential and East West Properties. No financial terms were disclosed. Alexan Chapel Hill will be renamed Berkshire Chapel Hill. BOSTON&ndash;(BUSINESS WIRE)&ndash;Berkshire Group announced the purchase of Alexan Chapel Hill in Chapel Hill, North Carolina, from a joint venture between Trammell Crow Residential and East West Properties. The 265-unit property, which features 13,560 square feet of retail space, will be renamed Berkshire Chapel Hill. Berkshire Chapel Hill is located just 3.5 miles from the...
Raises Largest Joint Venture Capital Investment To Date For Miami Apartment Complex
2017-03-30T11:06:06-04:00https://www.thetrustedinsight.com/investment-news/raises-largest-joint-venture-capital-investment-to-date-for-miami-apartment-complex-20170330012/
RealtyShares announced on Tuesday its network of accredited investors secured $3.5 million in equity capital for the $67.3 million acquisition and renovation of Avesta Biscayne in North Miami, Florida. The funding ...
Milestone Apartments REIT Unitholders Approve Takeover
2017-03-30T10:41:04-04:00https://www.thetrustedinsight.com/investment-news/milestone-apartments-reit-unitholders-approve-takeover-20170330005/
Milestone Apartments Real Estate Investment Trust (MST_u.TO) said on Tuesday that its unitholders approved the company&#39;s takeover by U.S. private investment firm Starwood Capital Group for about $1.3 billion. Starwood last week raised its offer to $16.25 per Milestone unit from 16.15, after proxy advisory firm ISS recommended Milestone unitholders to vote against the deal. Over 71 percent of Milestone unitholders who voted were in favor of the transaction, the company said on Tuesday. Milestone, which went public in Toronto in 2013, owns and manages apartment properties targeting blue-collar workers across the U.S. Southeast and Southwest. The company&#39;s portfolio...
Iris Dorbian Wrote A New Post, Berkshire Group Acquires Chapel Hill, North Carolina Property, On The Site PE Hub
2017-03-28T17:16:04-04:00https://www.thetrustedinsight.com/investment-news/iris-dorbian-wrote-a-new-post-berkshire-group-acquires-chapel-hill-north-carolina-property-on-the-site-pe-hub-20170328940/
Berkshire Group has acquired Alexan Chapel Hill, a Chapel Hill, North Carolina-based 265-unit property, which includes 13,560 square feet of retail space. The sellers were Trammell Crow Residential and East West [&hellip;]
PensionDanmark Invests In Retail, Residential Assets
2017-03-28T11:21:38-04:00https://www.thetrustedinsight.com/investment-news/pensiondanmark-invests-in-retail-residential-assets-20170328903/
<p>PensionDanmark has invested in a retail and residential building in Lyngby, to the north of Danish capital Copenhagen.</p>
<p>The DKK222bn (&euro;29.8 billion) pension fund did not disclose the price of the deal.</p>
<p>The deal involved the purchase of 4,200sqm of space from turnkey contractor KPC, along with long-term leases.</p>
<p>Torben M&ouml;ger Pedersen, chief executive of PensionDanmark, said: &ldquo;This is a very well-located property with retail areas on the ground floor and a basement car park that PensionDanmark is buying, and there will be homes built on the upper floors.&rdquo;</p>
Indian Private Equity Firms’ Focus Shifted To Office Projects In 2016: Study
2017-03-23T17:48:39-04:00https://www.thetrustedinsight.com/investment-news/indian-private-equity-firms-focus-shifted-to-office-projects-in-2016-study-20170323808/
Private equity firms shifted their focus from residential real estate in 2016 to office&nbsp;property&nbsp;segment compared to 2015. A slowing sales volume and pile up of unsold inventory in the residential segment seems to have led to the shift in private equity players&rsquo; focus, showed a&nbsp;Knight Frank&nbsp;India report.
Iconiq Capital Leads $80M Series B In Management Software Company
2017-03-16T10:53:39-04:00https://www.thetrustedinsight.com/investment-news/iconiq-capital-leads-80m-series-b-in-management-software-company-20170316533/
ServiceTitan, the leading provider of business management software for home service businesses, including residential plumbing, HVAC, and electrical service providers, announced it has completed an $80 million Series B funding round led by Iconiq Capital.&nbsp;ServiceTitan provides a state-of-the-art software platform that allows home service businesses of any size to effortlessly manage and streamline their operations, improve customer service and grow their business.
Danube Unveils $82M Residential Project In Dubai
2017-03-15T18:08:05-04:00https://www.thetrustedinsight.com/investment-news/danube-unveils-82m-residential-project-in-dubai-20170315519/
Resortz development will offer investors 419 units spread across four acres of land
Waypoint Residential Adds 3 VPs
2017-03-15T16:45:40-04:00https://www.thetrustedinsight.com/investment-news/waypoint-residential-adds-3-vps-20170315515/
Waypoint Residential recently announced its expansion with three senior hires. Daniel Price is now vice president of acquisitions, Karen Kasteel serves as vice president of marketing and Andreea Paraschivoiu was appointed vice president of operations. Price will work out of Waypoint&rsquo;s Chicago office and will be responsible for sourcing acquisition opportunities throughout the Midwest markets. He will be working with Ed Ryder, senior managing director, who leads Waypoint&rsquo;s acquisitions activities. Paraschivoiu and Kasteel will work closely with Peter DiCorpo, Waypoint&rsquo;s COO, and will be based out of the company&rsquo;s Stamford, Conn., office.
Sun Capital Completes Horizon Acquisition
2017-03-09T11:30:32-05:00https://www.thetrustedinsight.com/investment-news/sun-capital-completes-horizon-acquisition-20170309290/
Sun Capital Partners, Inc., a leading private investment firm specializing in leveraged buyouts and investments in market-leading companies, today announced that an affiliate has completed the acquisition of&nbsp;Horizon Services, Inc.&nbsp;Wilmington, Delaware-based Horizon Services is the premier residential provider of plumbing, heating and air conditioning services for Delaware, Pennsylvania, New Jersey, Connecticut, and Maryland. Terms of the private transaction were not disclosed.
StepStone Real Estate Backs US Hotel, Residential Developer
2017-03-08T14:31:04-05:00https://www.thetrustedinsight.com/investment-news/stepstone-real-estate-backs-us-hotel-residential-developer-20170308251/
Manager commits to New Orleans-based firm
Ares Buys Apartment Portfolio In Northern Germany
2017-03-02T10:36:06-05:00https://www.thetrustedinsight.com/investment-news/ares-buys-apartment-portfolio-in-northern-germany-20170302017/
Ares Management LP said March 1 that it acquired portfolio of 1,300 residential units totaling over 65,000 square meters of lettable space in Germany. Financial terms weren&rsquo;t announced. The properties are located throughout metropolitan areas in Northern Germany as well as along the North Sea and Baltic Sea coasts. LONDON&ndash;(BUSINESS WIRE)&ndash;Ares Management L.P. (NYSE:ARES) announced today that a fund managed by its real estate group has added to its substantial residential portfolio in Germany with the acquisition of a portfolio of 1,300 residential units totaling over 65,000 square meters of lettable space. The properties are located throughout metropolitan areas in...
Caisse De Dépôt Looks At Logistics Investment In India
2017-03-01T10:48:31-05:00https://www.thetrustedinsight.com/investment-news/caisse-de-depot-looks-at-logistics-investment-in-india-20170301973/
<p>The real estate arm of Canada&rsquo;s second-largest pension fund manager is looking at India&rsquo;s logistics sector following the announcement last week of its first investment in the country for more than six years, President&nbsp;Daniel Fournier&nbsp;said on Friday.</p>
<p>Ivanho&eacute; Cambridge, the real estate unit of&nbsp;Caisse de d&eacute;p&ocirc;t et placement du Qu&eacute;bec, announced a US$250 million residential investment in India on Thursday, the first in the country since Fournier was put in charge of the division in 2010.</p>
Canadian Pension Fund Manager Looks At Logistics Investment In India
2017-02-27T10:44:11-05:00https://www.thetrustedinsight.com/investment-news/canadian-pension-fund-manager-looks-at-logistics-investment-in-india-20170227898/
<p>The real estate arm of Canada&#39;s second-largest pension fund manager is looking at India&#39;s logistics sector following the announcement this week of its first investment in the country for more than six years, President Daniel Fournier said on Friday. Ivanhoe Cambridge, the real estate unit of Caisse de depot et placement du Quebec, announced a $250 million residential investment in India on Thursday, the first in the country since Fournier was put in charge of the division in 2010.</p>
Why Foreign Investors Are Attracted To The Southeast Real Estate Market
2017-02-24T15:41:04-05:00https://www.thetrustedinsight.com/investment-news/why-foreign-investors-are-attracted-to-the-southeast-real-estate-market-20170224871/
Gardner Lee Latin American investors have been active here, but historically they focused on residential properties in major coastal cities like Miami. Now they&acirc;re migrating to commercial real estate.
Sunlight Financial Raises $130M From Route 66 Ventures
2017-02-24T13:43:40-05:00https://www.thetrustedinsight.com/investment-news/sunlight-financial-raises-130m-from-route-66-ventures-20170224840/
Sunlight Financial, a leading provider of loans for residential solar systems, today announced a new partnership with Route 66 Ventures, a private investment firm that makes credit and equity investments in high-growth companies in the financial services sector.&nbsp;
NYC Construction Starts Drop To $32.2B In 2016
2017-02-23T16:31:03-05:00https://www.thetrustedinsight.com/investment-news/nyc-construction-starts-drop-to-322b-in-2016-20170223805/
The value of new construction projects in New York City hit $32.2 billion in 2016, a 22 percent drop from the prior year, according to a new report. The decrease is mostly due to the decline in residential construction, the New York Building Congress said in its latest report. Residential construction starts totaled $11.5 billion last year, down from the $19.5 billion seen in 2015. &acirc;There was really no way that the residential sector would ... [more]
Denver Investor Buys Inland Empire Apartment Properties
2017-02-23T11:26:04-05:00https://www.thetrustedinsight.com/investment-news/denver-investor-buys-inland-empire-apartment-properties-20170223784/
Sagebrush Capital Holdings has acquired a two-property, fully occupied apartment portfolio totaling 320 units.
Advenir Acquires Rockledge Bear Valley Apartments In Denver For $38M
2017-02-22T15:25:07-05:00https://www.thetrustedinsight.com/investment-news/advenir-acquires-rockledge-bear-valley-apartments-in-denver-for-38m-20170222739/
DENVER &mdash; Advenir has purchased the 230-unit Rockledge Bear Valley apartments in Denver for $38 million. The community is located at 3550 S. Kendall St. Rockledge Bear Valley amenities include a fitness center, WiFi Caf&eacute;, dog park, business center, outdoor grilling area, outdoor sport court, bocce ball court, resort-style pool and outdoor lounge with a [&hellip;]
CAPREIT To Purchase Prestige Montreal Apartment Property
2017-02-17T16:25:07-05:00https://www.thetrustedinsight.com/investment-news/capreit-to-purchase-prestige-montreal-apartment-property-20170217612/
TORONTO, ONTARIO--(Marketwired - Feb. 16, 2017) - Canadian Apartment Properties Real Estate Investment Trust (&quot;CAPREIT&quot;) (TSX:CAR.UN) announced today that it has waived conditions and will acquire a luxury 256-suite residential apartment property located in the affluent CĂ&acute;te-Saint-Luc neighbourhood in the Greater MontrĂ&Scaron;al Area. The property is well-located within walking distance of a high-end shopping centre, hospital, community centre and public library. The purchase price, to be initially financed in cash from the CAPREIT&#39;s Acquisition and Operating credit facility, is $23.5 million, generating a very strong going-in capitalization rate of approximately 6.51% and a price per suite of approximately $92,000, well...
SEC: Purported Real Estate Investment Manager Settles Fraud Charges
2017-02-15T16:26:25-05:00https://www.thetrustedinsight.com/investment-news/sec-purported-real-estate-investment-manager-settles-fraud-charges-20170215503/
The Securities and Exchange Commission today announced that a purported real estate investment manager has agreed to pay more than a half-million dollars to settle charges that he pocketed investor money in an investment scheme. The SEC alleges that James P. Toner Jr. of Scottsdale, Ariz., siphoned $51,000 from investors who were falsely told that he would personally manage some of the real estate projects in which they were purchasing interests.&nbsp; The stated purpose of each investor offering was to purchase a residential property in the Phoenix area, renovate that property, and then...
California Investor Closes In On West Loop Apartments
2017-02-15T16:10:12-05:00https://www.thetrustedinsight.com/investment-news/california-investor-closes-in-on-west-loop-apartments-20170215500/
American Realty Advisors has agreed to buy the Madison at Racine, a 216-unit building that opened in 2014 and sits a few blocks from McDonald&#39;s future headquarters.
Residential, Commercial, Industrial Real Estate Trends In Line With 2016
2017-02-15T15:51:52-05:00https://www.thetrustedinsight.com/investment-news/residential-commercial-industrial-real-estate-trends-in-line-with-2016-20170215498/
Real estate trends across Long Beach&rsquo;s residential, commercial and industrial markets seem to be continuing in line with those of 2016. High demand and low supply of residential and industrial properties continue to drive increasing sales and rent prices. The office market continues to improve, and new retail developments are signaling that perhaps it&rsquo;s too soon to seek a post mortem on brick-and-mortar stores due to increasing online shopping trends.Both single-family and multi-family markets
Security Properties Acquires 267-Unit Apartment Community For $35.2M In Lakewood, Washington
2017-02-15T15:40:11-05:00https://www.thetrustedinsight.com/investment-news/security-properties-acquires-267-unit-apartment-community-for-352m-in-lakewood-washington-20170215495/
SEATTLE, WA - Security Properties purchased Beaumont Grand, a 267-unit, Class B multifamily property located in Lakewood, WA for $35,200,000. The property was originally developed in 1995 and consists of 23 two and three story residential buildings spread out over more than 11 acres.Geographically, the city of Lakewood is situated just 9 miles south of Tacoma and less than two miles east of the Puget Sound. The property&#39;s strategic location also affords residents convenient access to two of the area&#39;s largest employers. Joint Base Lewis-McChord, the largest military base on the west coast, is located ~15 minutes south and supports a total of 66,000 jobs. Additionally, the 800-bed Western State Hospital employs roughly 2,100 and is located less than one mile west of the property.Lakewood is a submarket that has strong job drivers, but very limited supply. Since 2002 only two properties, totaling 306 units, have been built in the area with no planned future apartment developments. This, combined with the significant rent growth currently being experienced in Seattle&#39;s first ring, is pushing people out of the core into markets like Lakewood where the rents are much more affordable.One of the property&#39;s most unique features is its large units. At an average of 939 square feet, Beaumont&#39;s floor plans are by far the largest in its competitive set. Additionally, Beaumont Grand is one of only two gated communities in the area creating a higher-end feel.Beaumont Grand represents a value-add investment with moderate interior and exterior renovation characteristics.&nbsp;&nbsp; Security Properties plans to renovate all units. The new spec will include black appliances, cabinet doors with modern pulls, upgraded lighting, paint and baseboard along with flooring.In order to effectively reposition the asset, the current business plan also includes capital focused on the modernization of resident common areas and amenity spaces. Additional major projects include a roof replacement and full exterior paint.According to Davis Vaughn, Director at Security Properties, the acquisition was made because, &quot;this was a basis buy for us in a submarket with zero supply.&nbsp; We believe in JBLM long term and like opportunities where we can come in significantly below replacement cost.&nbsp; With a low basis and value-add upside, we expect this acquisition to outperform the overall market and create value for our investors.&quot;The property will be managed by Security Properties-affiliate Madrona Ridge Residential
Petaluma Apartment Building Sells For $1.15MM
2017-02-15T15:35:08-05:00https://www.thetrustedinsight.com/investment-news/petaluma-apartment-building-sells-for-115mm-20170215494/
Meridian Commercial Sells Highly Desirable West End Petaluma Apartment Building Petaluma, CA (February 13, 2017) &ndash; Meridian Commercial President Matt Brown announced today that Samuel Ko from his office has sold a rarely traded and highly desirable four-unit West End Petaluma apartment building for $1.15 million. Ko represented the buyer in the transaction, a local [&hellip;]The postPetaluma Apartment Building Sells for $1.15MMappeared first onThe Registry.
Here’s What The $10M-$20M NYC Investment Sales Market Looked Like Last Week
2017-02-13T18:50:11-05:00https://www.thetrustedinsight.com/investment-news/heres-what-the-10m-20m-nyc-investment-sales-market-looked-like-last-week-20170213430/
In the world of mid-market New York City investment sales last week, HAP Investments completed their West 28th Street assemblage with the purchase of a six-story tenement and Sugar Hill Capital Partners sold off four Brooklyn walk-ups. 1.) Eran Polack&acirc;s HAP Investments paid $11 million for a six-story walk-up that split the firm&acirc;s West 28th Street development in two. HAP planned to build two 21-story residential buildings on either side of the 22-unit building at ... [more]
North Miami Apartments Sell To Tampa Buyer For $62M
2017-02-10T13:15:12-05:00https://www.thetrustedinsight.com/investment-news/north-miami-apartments-sell-to-tampa-buyer-for-62m-20170210370/
The value of the 11-acre complex appreciated 45 percent in five years.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;